Lifestyle

The Three Keys to a Great Password

A great password is often the only thing standing between you and identity theft. But what makes a password really secure? Turns out, there are some important guidelines to follow to keep information safe. Read on for three smart tips.

1. Know the latest security standards.The National Institute of Standards and Technology has established some new rules for setting more-secure passwords.MAKE YOUR PASSWORDS LONGER.Longer passwords are harder to decipher. Try using short phrases instead of just one word.AVOID PASSWORDS HINTS OR RESET QUESTIONS. Password hints aren’t all that effective and can actually make it easier to hack into your accounts.DON’T REPEAT THE SAME NUMBER OR LETTER.Something like “yessssss999” is much too easy for identity thieves to crack.DON’T USE COMMON IDENTIFIERS AS A PASSWORD.For example, if your name is Jane Smith and you’re setting up a Netflix account, don’t use “janesmith” or “Netflix” as your password.

2.Don't use the same password more than once. By using the same password on multiple services, you are potentially giving hackers access to every service where you're using that password. This is like having a single key that opens your house, your, car, and your bank's safety deposit box. If someone steals that key, they can access everything you own. Always create different keys, or passwords, for separate accounts.

3. Make use of a password manager. A password management tool is your greatest ally. These are programs or apps that will create unique passwords on each of your accounts and store them all for you in a single, secure location, so you'll never lose them again. They can also sync with multiple devices and auto-populate passwords whenever you need them, saving you a ton of time and trouble.

The World Wide Web can be complicated, but setting secure passwords doesn't have to be. With a bit of effort, you can use smart practices to help keep all your accounts safe and secure. SOURCE: The National Institute of Standards and Technology, 2019

Upcoming Events

10 Myths About College Savings Plans

October 10, 2023
12:00p - 1:00p

Safer Bridges - Long-Term View

October 24, 2023
1:00p - 2:00p

Have A Question About This Topic?

You’ve worked hard to save for retirement. You don’t want your finances to hold you back from pursuing your passions and enjoying your time in this new phase of life. This is why you are carefully calculating your cost of...

Why your children should start saving for retirement in high school, and how you can help

March 19, 2018

For many people, saving for retirement starts with a person’s first full-time job, meaning...

The four conversations parents should have with their high schoolers about post-graduation plans

March 12, 2018

When discussing higher education and career plans with high schoolers, the topic of money will...

The Three Keys to a Great Password

Related Content

What Is the Dividend Yield?

Managing an Inheritance

Charitable Giving: Smart from the Heart